Zacks Research Has Optimistic Outlook of PEG Q2 Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG) – Stock analysts at Zacks Research lifted their Q2 2025 earnings per share (EPS) estimates for shares of Public Service Enterprise Group in a research report issued to clients and investors on Monday, November 25th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $0.77 per share for the quarter, up from their previous forecast of $0.73. The consensus estimate for Public Service Enterprise Group’s current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Public Service Enterprise Group’s Q3 2025 earnings at $0.99 EPS, Q4 2025 earnings at $0.97 EPS, FY2025 earnings at $3.97 EPS, Q1 2026 earnings at $1.43 EPS, Q3 2026 earnings at $1.10 EPS and FY2026 earnings at $4.25 EPS.

Public Service Enterprise Group (NYSE:PEG) last released its quarterly earnings results on Monday, November 4th. The utilities provider reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.03. Public Service Enterprise Group had a net margin of 19.48% and a return on equity of 10.70%. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same period last year, the firm earned $0.85 earnings per share. Public Service Enterprise Group’s revenue for the quarter was up 7.6% compared to the same quarter last year.

PEG has been the topic of a number of other research reports. Evercore ISI raised their price objective on Public Service Enterprise Group from $92.00 to $95.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Barclays decreased their price target on Public Service Enterprise Group from $98.00 to $88.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 5th. Morgan Stanley boosted their price target on Public Service Enterprise Group from $83.00 to $95.00 and gave the company an “overweight” rating in a research note on Monday, September 23rd. LADENBURG THALM/SH SH upgraded shares of Public Service Enterprise Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 5th. Finally, Scotiabank boosted their target price on shares of Public Service Enterprise Group from $62.00 to $73.00 and gave the company a “sector perform” rating in a research report on Tuesday, August 20th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Public Service Enterprise Group currently has an average rating of “Moderate Buy” and a consensus price target of $86.69.

Public Service Enterprise Group Stock Down 0.3 %

Shares of PEG opened at $94.20 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.48 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $46.93 billion, a PE ratio of 23.15, a P/E/G ratio of 3.41 and a beta of 0.61. The firm’s 50 day moving average is $88.94 and its 200-day moving average is $81.10. Public Service Enterprise Group has a 12 month low of $56.85 and a 12 month high of $95.22.

Public Service Enterprise Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date is Tuesday, December 10th. Public Service Enterprise Group’s payout ratio is 58.97%.

Insider Activity at Public Service Enterprise Group

In other news, EVP Tamara Louise Linde sold 9,564 shares of Public Service Enterprise Group stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $90.61, for a total transaction of $866,594.04. Following the sale, the executive vice president now directly owns 48,397 shares of the company’s stock, valued at approximately $4,385,252.17. This trade represents a 16.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Kim C. Hanemann sold 956 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $90.09, for a total value of $86,126.04. Following the sale, the chief operating officer now owns 70,011 shares in the company, valued at approximately $6,307,290.99. This trade represents a 1.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,739 shares of company stock valued at $2,467,753 in the last 90 days. 0.18% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Public Service Enterprise Group

Large investors have recently modified their holdings of the business. Franklin Resources Inc. grew its stake in shares of Public Service Enterprise Group by 5.9% in the third quarter. Franklin Resources Inc. now owns 2,637,882 shares of the utilities provider’s stock worth $235,194,000 after purchasing an additional 147,903 shares during the last quarter. Tidal Investments LLC grew its position in shares of Public Service Enterprise Group by 26.9% in the 3rd quarter. Tidal Investments LLC now owns 16,306 shares of the utilities provider’s stock valued at $1,455,000 after buying an additional 3,461 shares during the last quarter. Wilmington Savings Fund Society FSB grew its position in shares of Public Service Enterprise Group by 30.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 10,189 shares of the utilities provider’s stock valued at $909,000 after buying an additional 2,384 shares during the last quarter. Arvest Bank Trust Division acquired a new stake in shares of Public Service Enterprise Group in the third quarter valued at about $2,860,000. Finally, World Investment Advisors LLC bought a new position in shares of Public Service Enterprise Group during the third quarter worth about $4,403,000. Institutional investors own 73.34% of the company’s stock.

About Public Service Enterprise Group

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.